Remulla on Marcos’ property taxes: improbable, ridiculous

FILE PHOTO: DOJ Secretary Jesus Crispin Remulla. APPLICANTS

Justice Secretary Jesus Crispin Remulla called the multibillion-peso property taxes charged to President Marcos’ family “unlikely” and “ridiculous”.

Marcos’ estate tax reportedly jumped to 203 billion pesos from the 23 billion pesos originally assessed by the Bureau of Internal Revenue (BIR) in 1991, nearly two years after the death of former President Ferdinand Marcos in Hawaii.

“If I look at the numbers, they seem unlikely. The numbers were calculated based on a biased calculation,” Remulla told members of the Rotary Club of Manila on Thursday.

He argued that the late dictator’s family had to pay inheritance tax for assets that were not in their possession at the time of his death in September 1989.

Late President Corazon Aquino created the Presidential Commission on Good Government (PCGG) when she took office in 1986 to sequester the ill-gotten gains of the Marcoses and their cronies.

Change of mandate for PCGG

“I think that’s what happened in this case: assets that never passed on to heirs were taxed as inheritance tax. So right from the start, I think the premises were ridiculous,” Remulla said.

“I can be proven wrong…but that’s what I guess. That’s my understanding from what I’ve read before, that those assets were never passed to them but they are being charged taxes on those assets that are no longer theirs or were never theirs because the government already had them,” he said. continued.

Remulla also revealed plans to change the mandate of the PCGG, an agency attached to the Department of Justice (DOJ), to become a “central asset forfeiture office” for not just Marco’s ill-gotten assets, but all assets seized by the government.

“We don’t really want to abolish the PCGG. I suggested that we establish an asset forfeiture office for assets seized by the government for non-payment of taxes, drug trafficking or other crimes,” including bribery and bribery, he said. declared.

Remulla said he suggested the change to Mr. Marcos.

“When we looked at the future of the PCGG, how it happened 36 years after the fact, I don’t think we should spend the next hundred years chasing after the Marcos,” said the former district representative of Cavity.

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